Diesel Hits Chaos Mode
The world’s diesel market is once again flashing signs of chaos. The world’s diesel market is once again flashing signs of chaos, undermining the global economy with a fresh bout Continue Reading
Atlantic Basin refining margins soar on refinery outages, tight diesel supply
Atlantic Basin refinery margins are rising back toward record levels set earlier this year, spurred higher by refinery outages and French refinery strikes, an analysis from S&P Global Commodity Insights Continue Reading
Clean Energy Has a Tipping Point, and 87 Countries Have Reached It
Rendering of a home battery energy storage system. Photo: Getty Images On New Year’s Eve, 1879, Thomas Edison flipped the switch on the first building strung up with electric light Continue Reading
Renewable Investments Could Outstrip Upstream Oil And Gas In 2022
Capital investment in renewables is set to reach nearly $500 billion in 2022. This year could be the first year that renewable investment overtakes upstream oil and gas investment. The Continue Reading
UAE says it fully stands with Saudi Arabia to support energy stability, security
The United Arab Emirates (UAE) on Monday said it fully stands with Saudi Arabia in its efforts to support energy stability and security, UAE state news agency (WAM) reported, citing Continue Reading
Nigeria LNG Declares Force Majeure After Flooding
A ship loads liquefied natural gas from the Nigerian LNG plant on Bonny Island, Nigeria. Nigeria LNG Ltd. declared force majeure on shipments from its Bonny Island liquefied natural gas Continue Reading
Nigeria flooding kills more than 600 people and displaces 1.3mn
More than 600 people have died and 1.3mn have been displaced from their homes in flooding that has hit 33 of Nigeria’s 36 states and the capital Abuja, government officials Continue Reading
Saudi Arabia Announces $400 Million In Aid To Ukraine
Saudi state media announced Saturday that the kingdom will provide $400 million in humanitarian aid to Ukraine , following a Friday phone call between Crown Prince Mohammed bin Salman and Continue Reading
Cuba replaces energy minister as hours-long blackouts stir unrest
Cuba´s communist-run government replaced its energy and mines minister with Vicente de la O Levy, head of the state-run electronics company, official media reported on Monday, as the country struggles Continue Reading
China to boost development of new energy system, climate change governance: Xi
Highlights New energy system refers to new fuel sources, technologies Environmental conservation accounts for large section speech Low-carbon push tempered by energy security concerns China plans to accelerate the development Continue Reading